27.02.2019 (Journalducameroun.com - English (press release) (blog)) - Ghana is failing to utilise a $300 million opportunity in the oil palm plantation sector due to the challenge of land acquisition, APA learns here.This was because palm oil played a major role in the industrial set up of the country, where it was mainly used for personal care products and processed foods.

Although Ghana can cultivate the plant and make the most of it, it was still importing oil palm, making it lose foreign exchange in the process, while the same product could have created employment for people when individuals get access to land for oil palm plantations.

The Goldstreet Business on Wednesday reports that the country has only relied on a few oil palm plantation companies, which have not been very encouraging.